City News: Lloyds, Lavendon, Screwfix, The BFG

City News: Lloyds, Lavendon, Screwfix, The BFG
 

The latest one percentage point reduction means more than £17 billion has now been returned to the Treasury since the lender’s £20 billion bailout during the financial crisis, which gave the taxpayer a 43 per cent holding. 
Chancellor Philip Hammond recently scrapped plans for a retail sale of the Government’s remaining stake because of “market volatility”. 
Its shares will instead be sold to institutions over the next year.
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Lavendon Group, which supplies aerial work platforms and provided powered access to support filming of the Abu Dhabi Grand Prix, is a £348... read more

 
23 November 2016 in Business, Views: 41
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